New Jersey Charter Public Schools Association a New Jersey Non-Profi

Analysis

New Jersey Charter Public Schools Association a New Jersey Non-Profi is a registered charity in United States, based in Hamilton, NJ. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New Jersey Charter Public Schools Association a New Jersey Non-Profi reported income of $11.2m and spending of $11.0m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $11.2m (+873%), an average of +114% a year. The sharpest change came in the year to June 2022, when income rose by 283%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Jersey Charter Public Schools Association a New Jersey Non-Profi sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include The Charles River School ($11.2m), Reading Is Fundamental Inc ($11.2m) and Delphi Schools Inc ($11.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $262k (2.4% of expenses). Other salaries and wages came to $482k. At year end it held assets of $5.5m against liabilities of $4.1m, net assets of $1.3m. It reported 5 employees.